Can I retire at age 50 with 911,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $911,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$75,230$74,559$73,906$73,268$72,644$71,004
2 years$37,242$36,549$35,877$35,225$34,593$32,948
3 years$24,582$23,885$23,214$22,569$21,947$20,351
4 years$18,252$17,558$16,894$16,260$15,653$14,117
5 years$14,456$13,766$13,111$12,489$11,899$10,427
6 years$11,926$11,241$10,595$9,987$9,415$8,010
7 years$10,119$9,440$8,805$8,211$7,657$6,318
8 years$8,765$8,092$7,467$6,888$6,352$5,079
9 years$7,712$7,045$6,431$5,867$5,350$4,141
10 years$6,870$6,210$5,607$5,058$4,558$3,413
11 years$6,182$5,529$4,936$4,402$3,920$2,837
12 years$5,609$4,962$4,381$3,861$3,397$2,374
13 years$5,125$4,484$3,914$3,409$2,962$1,997
14 years$4,710$4,076$3,517$3,026$2,597$1,688
15 years$4,350$3,724$3,175$2,698$2,286$1,432
16 years$4,036$3,416$2,879$2,416$2,021$1,219
17 years$3,759$3,146$2,620$2,171$1,792$1,040
18 years$3,513$2,907$2,391$1,956$1,593$889
19 years$3,294$2,694$2,189$1,768$1,420$761
20 years$3,096$2,504$2,009$1,601$1,268$653
21 years$2,918$2,332$1,848$1,453$1,135$561
22 years$2,756$2,177$1,703$1,321$1,017$482
23 years$2,608$2,036$1,573$1,203$913$415
24 years$2,473$1,908$1,454$1,097$821$358
25 years$2,349$1,790$1,347$1,002$739$308
26 years$2,234$1,683$1,249$916$665$266
27 years$2,128$1,584$1,160$839$600$230
28 years$2,030$1,492$1,078$768$541$198
29 years$1,939$1,408$1,004$705$489$171
30 years$1,854$1,329$935$647$442$148
31 years$1,775$1,257$872$594$399$128
32 years$1,701$1,189$813$546$361$110
33 years$1,631$1,126$759$502$327$96
34 years$1,566$1,067$709$462$296$83
35 years$1,505$1,012$663$425$268$71
36 years$1,447$961$620$392$243$62
37 years$1,392$913$581$361$220$53
38 years$1,341$867$544$333$200$46
39 years$1,292$825$509$307$181$40
40 years$1,245$785$478$283$164$35
41 years$1,202$747$448$261$149$30
42 years$1,160$711$420$241$135$26
43 years$1,120$678$394$222$123$22
44 years$1,082$646$370$205$111$19
45 years$1,046$616$347$190$101$17
46 years$1,012$588$326$175$92$15
47 years$979$561$307$162$83$13
48 years$948$535$288$149$76$11
49 years$918$511$271$138$69$9
50 years$889$488$255$128$62$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $911,000, adding $5,934 every year, while hoping to spend $35,540 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 51/26/23 Blend
49$911,000$911,000$911,000$911,000
50$1,010,043$961,760$947,639$1,054,790
51$1,075,253$971,072$941,571$1,095,720
52$1,145,923$979,649$934,108$1,136,090
53$1,222,573$987,418$925,167$1,179,251
54$1,305,774$994,300$914,658$1,225,483
55$1,396,155$1,000,212$902,491$1,275,093
56$1,494,405$1,005,065$888,567$1,328,424
57$1,601,286$1,008,765$872,786$1,385,852
58$1,717,635$1,011,211$855,041$1,447,795
59$1,844,370$1,012,298$835,222$1,514,715
60$1,982,507$1,011,911$813,212$1,587,124
61$2,133,158$1,009,930$788,891$1,665,586
62$2,297,552$1,006,228$762,130$1,750,725
63$2,477,038$1,000,669$732,798$1,843,233
64$2,673,104$993,110$700,754$1,943,872
65$2,887,386$983,398$665,855$2,053,488
66$3,121,686$971,371$627,947$2,173,011
67$3,377,987$956,857$586,873$2,303,473
68$3,658,475$939,677$542,467$2,446,013
69$3,965,555$919,636$494,554$2,601,889
70$4,301,875$896,532$442,955$2,772,492
71$4,670,352$870,148$387,481$2,959,357
72$5,074,199$840,256$327,933$3,164,180
73$5,516,954$806,616$264,105$3,388,836
74$6,002,514$768,970$195,783$3,635,392
75$6,535,169$727,049$122,740$3,906,135
76$7,119,648$680,566$44,744$4,203,588
77$7,761,158$629,219$0$4,530,536
78$8,465,434$572,688$0$4,899,502
79$9,238,793$510,635$0$5,316,767
80$10,088,197$442,703$0$5,775,152
81$11,021,312$368,515$0$6,278,863
82$12,046,585$287,671$0$6,832,538
83$13,173,320$199,750$0$7,441,292
84$14,411,768$104,307$0$8,110,762
85$15,773,223$873$0$8,847,169
86$17,270,128$0$0$9,657,369
87$18,916,190$0$0$10,580,694
88$20,726,513$0$0$11,596,538
89$22,717,735$0$0$12,714,002
90$24,908,192$0$0$13,943,387
91$27,318,082$0$0$15,296,045
92$29,969,663$0$0$16,784,483
93$32,887,457$0$0$18,422,481
94$36,098,484$0$0$20,225,223
95$39,632,516$0$0$22,209,440
96$43,522,356$0$0$24,393,566
97$47,804,151$0$0$26,797,914
98$52,517,728$0$0$29,444,865
99$57,706,973$0$0$32,359,084
100$63,420,243$0$0$35,567,744